DEVELOPING: Elizabeth Warren Warns Consumers Against Both Warner Bros. Discovery Bids

Breaking News: Elizabeth Warren Warns Consumers Against Warner Bros. Discovery Bids Senator Elizabeth Warren is sounding the alarm on two bids to acquire Warner Bros. Discovery, warning consumers that both deals are bad for competition and workers. According to sources, Warren made the comments in an interview with Morning Edition on December 11. Warren specifically targeted Paramount Skydance's hostile takeover bid, citing concerns about antitrust and reduced competition for viewers and workers. The bid comes after Warner Bros. agreed to an $83 billion sale to Netflix, although that deal is not finalized. Warren's comments highlight the growing scrutiny of the media industry's consolidation. The senator has long been a vocal critic of corporate mergers and acquisitions that she believes harm consumers and workers. The current status of the bids remains uncertain, with Paramount Skydance's hostile takeover bid still pending. Netflix's $83 billion deal with Warner Bros. Discovery is also still in limbo. As the situation unfolds, consumers and industry stakeholders will be watching closely. This is a developing story, and we will provide updates as more information becomes available.